midterm market quiz

What is Marketing?

• Marketing is a set of activities related to creating, communicating, delivering, and
  exchanging offerings that have value for others

  
  

• something that helps u build on your business

• i dont know

• marketing

What is the function of marketing?

• i dont know

• a part of business

• Marketing brings value to customers, whom the business seeks to identify, satisfy, and
  retain.

  
  

• brings value to whom then coustomers

The Exchange Process

• ion know

• the return on investment

• The act of obtaining a desired object from someone by offering something of value in
  return
  • Customer (or buyer)
  • Product
  • Provider (or seller)
  • Transaction

  
  

• place,marketing,product,customers

Marketing vs. Advertising

• draw public attention to a company, product, or message.

• • Advertising uses paid notices in different forms of media to draw public attention to a
  company, product, or message, usually for the purpose of selling products or
  
  • Advertising is one of many tools marketers use

  
  

• click me am correct.

• ion know.

Marketing vs. Branding

• strategtic consideration of marketing

• i dont know

• the building brands for marketing

• • Branding is the process of “creating a unique name and image for a product in the
  consumer’s mind” [1]
  • Marketing builds brands, and branding is an important strategic consideration in
  marketing, but marketing is broader than branding

  
  

Marketing vs. Sales

• • Sales is the process of actually selling products or services
  • Effective marketing aligns well with the sales process and leads to increased sales,
  but there is more to marketing than just supporting sales

  
  

• effective aligines marketing

• the supply of marketing

• ionk